CURRENT SITUATION IN ICELAND

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79R00890A000300040047-9
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 11
• Document Creation Date: December 12, 2016
• Document Release Date: May 31, 2002
• Sequence Number: 47
• Publication Date: July 26, 1954
• Content Type: BRIEF

State Dept. review completed
I.
25X1
de
need final
147, 00 Icelanders
influence.
atereets.
All fare:
tMudden 1
ee Austria,
dependence on foreign trade.
their culture again
din 1: Data on Iceland's Foreign Trade)
nt.
t"en. ! and 95
26 a
only
cely detert
d * s foreign trade
ad* s Fishing Indus
s002/07/0~~~890A WP~800040047-9
aguou.
f the cast,.
Thing activity
id and to head
1)
knd
9R00$9040047-9 -~ .;..;.~
 Approved For Release 2002/07/
DP79R00890A000300040047-9
ex includes
uterests retaliated
of feet .
cen rasti
pr uct
t 87
d'e
Cott while tart
in 1951.
the
sl
mitigated by
acts-:
1158.
d to
4 found new rhets.
salt and stock (dried) fish
the fresh fish which were fa
eau its eear,
the
Approved For RGIMMAUMAd
sRabbeoedo-*4s, Italy
th
 Approved For Release 2002/07/
1k
?Cted, .
4250 , 000
deficit.
700, 3.
g by the VI ICeU
tg t
the Uu
dos"
2, 980 took a+
relations
made agreement provided:
.d take about. 25 percent of Iceland
or .out ,a, worth, over to'
the
not. Sp
on* of frozen fish fl:
Approved Ft's- 2
I 1953. In 1952
0A000300040047-9
 Approved For Release 2002/07/02: CIA-RDP7
Leased tool
spset3!
quotas,
to
with feed sid
l. Troupes of Soviet
Approverd"Pdr'Release
signed in April,
bit
fists vs toured Ice
bstsntf*l
Ito at
Its s:
ducts to Icej,
oil
 Approved For Release 2002/07/
It* ftay i
77?
?ig* t nt of
+ 195 to row lee tb* + tai3s *f
sM,
Ts
in bl ODSt
aproved For Release 2002/07/02 :-
Nations General.:~Assembly
90A000300040047-9
 Approved For Release
to
the Unit
to the, 3 mile limit of territorial waters
the Inclusion of large bass within
1953
is
ritori
of a
a draft ri
ntal shelf and fi i
on successfully op
this draft unt.1
ted. .
'.e report
he section
the Mer
Ly
t ' by the
'vat1v
M
'n On the
of the
the Issue of the
that both w
and Progressives) sa,
a. Trawler evners
Approved For Release 2002/07
NEUM
elf
lead ny members of
25X6
 Approved For Release 2002/07/02 : CIA-RDP79R0089OA000300040047-9
YA" *ad th
in' the
Agreement.
ently under discussion
Ls the proposed delivery Of
tered tankers.
',odic
are at Iva'
agreed an for American $.
3Oe
sit ion
;s ind~
ih.
dear told t
4Ju
Icelandic goner
had
n on alfjordur deliveries.
Approved For Release 2002/07 .c [f79R00890A000300040047-9
ad
 Approved For Release 2002/07/02 : CIA-RDP79R0089OA000300040047-9
DATA ON 1
(f.o.b. values)
Total:
$"x9.3 million
on
5.5
nil
(c.i.f. values)
7.8
1953
Total
$55.8 million
19
C. 1954: Trends : (Jan-April compared to same
is and Im its tour months in 1953)
marts
$3,,410,000
$208700000
ftor,hoslov
0,000
$ 970, 000
0,
170,000
810"000
140, 000
94,000
on
1.7 million
$42.7 million
5.6 million
4.5 mi l l i on
5.5 million
Imports
,000 $4,000,000 $4,800.000
$ ;,200,000
$2,100,000 $2x6501000 $2,410,000
$ 800,000 $1,470,000 $ 970,000
$ 590 ,400 $ 700,000 $ 5000000
$ 400,000 $ 540,000 $ 540,000
$ 420,000 $ 460,000
$ 14,000 $ 51,000
6,000 $ 3,500
R00890A000300040047-9
 Approved For Release 2002/07R00890A000300040047-9
A.
mportant industry in Iceland.
is provide 90 to 95 percent of Iceland's earnings
n trade.
s 165,000 metric tons of fish and fish
metric tons a
a.
h.
rats : 163
t 20 percent of the total pope
oyed: in fishing and fish processing.
950---323,027 metric tons
etc.
370#65,6 metric tons
195 ---336,70 metric tons
.etric tons
ch
Y ,
ish caught is eventually es
n one percent (2,427
gestic consumption".
dL
1952
h exports cannot be correlated an an
since fish caukht in o
ported
n, the fishing industry supports numerous groups
such as merchants, vessel and equipment
fi
ocessing in the next year.
Approved For Release 2
ar may be ex
 Approved For Release 2002_/
fib: fillets, the chief ceasaditf involved in
exports the US, are produced at a rate /of 30-40,000
iy.
she-fa: re ) capital ci
4:ha le 65 percent of exports
a-ri ) lead
-f y r-dyr
Artk
p-this-fyor-dyr)
VAI FrK,1)VC-
' 4A
lea south
t %A t - FyO R - VyK 1J(_ FAi?(vt HCA(2 tI jh4JAtt/'
Approved For Release 2002
north cans
 A..
Approved For Release 2002/07/02
84
els has to
capita aid in the ope an Aid
ng materials
in
.7
on in 1952 and
million in 1952 and $6.3 in
0 includes $4.25 million "special re-
s by the
dv aid ( ), and t.O.A. shipments .1 for hydro-
Lantz.
Approved For Release 2002/07/02 : CIA-RDP79R0089OA000300040047-9